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3 Oil Majors That Bet Big On Renewables

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Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. But Total is not just content to compete in the traditional renewable energy arena of wind and solar but is also giving Tesla Inc.

Oil 418
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Fukushima Hydrogen Energy Research Field (FH2R) completed in Japan; aiming for low-cost green hydrogen production; P2G

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Japan’s New Energy and Industrial Technology Development Organization (NEDO), Toshiba Energy Systems & Solutions Corporation (Toshiba ESS), Tohoku Electric Power Co., The FH2R can produce as much as 1,200 Nm 3 of hydrogen per hour (rated power operation) using renewable energy.

Low Cost 450
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Nissan to be carbon-neutral by 2050; 100? of new vehicle offerings in key markets to be electrified by early 2030s

Green Car Congress

As part of this effort, by the early 2030s every all-new Nissan vehicle offering in key markets—Japan, China, the US and Europe—will be electrified. Nissan anticipates increased collaboration with the energy sector to support the decarbonization of power grids; and.

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Highview Power and Encore Renewable Energy to co-develop the first long-duration, liquid-air energy storage system in US

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Highview Power Storage, Inc., a provider of long duration energy storage solutions, and Encore Renewable Energy, a developer of renewable energy generation and storage projects, jointly announced plans to develop the United States’ first long-duration, liquid-air energy storage system.

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NuScale, Shell and partners to assess hydrogen production using SMR

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NuScale’s flexible SMR technology holds the potential—through hydrogen production—to balance and stabilize power grids dominated by renewable energies. Energy markets present reliability concerns at times when energy demand is high and renewable energy production is low.

Hydrogen 475
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Bidirectional Charging Management (BCM) research project gets green light; tying in renewables

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Not only will electric vehicles with bidirectional charging capability be able to draw electrical power for their high-voltage battery when plugged into a compatible charging station or wallbox, they will also have the ability to reverse the process and feed energy back into the power grid.

Renewable 287
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thyssenkrupp’s water electrolysis technology qualified as primary control reserve in Germany; hydrogen production for the electricity market

Green Car Congress

green hydrogen meets the requirements for participation in the primary control reserve market. In the future thyssenkrupp’s electrolysis plants will be able to act as large-scale buffers to stabilize the power grid and compensate fluctuations quickly and flexibly. With this we have achieved a further important goal.

Water 337